The Future Possibilities of Procurement
Most organizations are highly dependent on the procurement function for them to operate efficiently. But is it is currently structured, procurement has not really met the organizational requirements and hence there is need to move from the conventional procurement and modify this crucial function in order to meet the fast changes experienced in organizations.
What is it supposed to achieve? It is the responsibility of procurement practitioners to do what needs to be done to make procurement more exciting and something useful to the organizational setup.
Procurement practitioners need to be more proactive. They ought to live off their comfort zones, venture out to the organization and find out procurement possibilities and redefine the procurement objectives and set the right direction. They should have a very clear sense of vision of the role of procurement plays and set quantifiable and specific procurement strategies.
The future of procurement is brighter if the procurement professionals develop sustainable procurement approaches. They should realize that procurement can’t operate in isolation. It should be integrated into the overall company’s strategic vision.
The “Internet of Things” as seen procurent function slowly going digital. B2b e commerce is the newest way in which most businesses are copying up with technology. With b2b e commerce, the procurement process can be made easier, brighter and overly efficient as it cuts back on the number of channels involved in any business procurement process.
B2b ecommerce (business to business, electronic commerce) means there are no many intermediaries involved throughout the procurement and supply of products. The use of b2b e commerce can eliminate processing of orders manually or via telephone and email and instead orders can be made digitally hence cutting on cost and time spent.
Finalizing b2b e commerce dealing is quite simple. All that is needed is logging into a B2B Portal and find suppliers who sell what you need, their quotes and prices and place your order. It’s crucial to use a trusted payment disbursement or collections intermediary in order to prevent scams. There are many companies that offer such kind of service such as Xfers. Xfers integrates a secure payment platform onto your company’s digital platform for facilitation of your digital transactions. Xfers’ b2b merchant platform has enabled businesses carry out secure transactions worth of millions of money.
Eezee has also made b2b e commerce an easy by providing a single tech platform where companies can secure their industrial supplies readily and economically, while reducing the hassle and time needed to procure these supplies from different sources. In an Eezee interview, the Eezee CEO, said that through Eezee, one can quickly see a cheap product that suits their specifications and make a purchase decision on the spot.
In their vision of making procurement more efficient and easy, the two companies, Eezie and Xfers have partnered in order to make the procurement experience more exciting. In light of this, Eezee offers a 3% discount on b2b e commerce transactions paid via Xfers, their b2b merchant.
More reading: visite site